Alger Smallcap Growth Fund Quote
ALSAX Fund | USD 8.95 0.05 0.56% |
PerformanceVery Weak
| Odds Of DistressLow
|
Alger Smallcap is trading at 8.95 as of the 21st of March 2025; that is 0.56% down since the beginning of the trading day. The fund's open price was 9.0. Alger Smallcap has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have a total market capitalization range of the Russell 2000 Growth Index. More on Alger Smallcap Growth
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
Fund Concentration | Alger Funds, Large Funds, Small Growth Funds, Small Growth, Alger (View all Sectors) |
Update Date | 31st of March 2025 |
Expense Ratio Date | 6th of April 2023 |
Fiscal Year End | October |
Alger Smallcap Growth [ALSAX] is traded in USA and was established 21st of March 2025. Alger Smallcap is listed under Alger category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Alger family. This fund presently has accumulated 339.44 M in assets under management (AUM) with no minimum investment requirementsAlger Smallcap Growth is currently producing year-to-date (YTD) return of 2.86%, while the total return for the last 3 years was -3.86%.
Check Alger Smallcap Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Smallcap Growth Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Smallcap Growth Mutual Fund Constituents
TTWO | Take Two Interactive Software | Stock | Communication Services | |
TDOC | Teladoc | Stock | Health Care | |
LYV | Live Nation Entertainment | Stock | Communication Services | |
ACIW | ACI Worldwide | Stock | Information Technology | |
PODD | Insulet | Stock | Health Care | |
NEOG | Neogen | Stock | Health Care | |
INMD | InMode | Stock | Health Care | |
BLKB | Blackbaud | Stock | Information Technology |
Alger Smallcap Growth Risk Profiles
Mean Deviation | 1.31 | |||
Standard Deviation | 1.68 | |||
Variance | 2.81 | |||
Risk Adjusted Performance | (0.17) |
Alger Smallcap Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Smallcap financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Smallcap security.
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